Skip to main content

About your Search

FBC 15
( more )
English 78
Search Results 0 to 49 of about 78 (some duplicates have been removed)
elsewhere. alaska is not hospitable environment. ed markey is running nomnation in liberal state. picking up green group nominations. that same day the league of conservation voters. i think more about that, than anything else. for him to be shocked people respond to tax policy is itself shocking. melissa: if you tax something, it is meant to discourage whatever behavior that is. shell responded and said while we're aware of the tax environment wherever we operate the driver for our operational decisions is going to be governed by safety. the tax policy in question i would add, by the way is that they were think of drilling on the outer continental shelf, there you would pay regular federal corporate income tax of 35%. otherwise, they were paying the alaska production tax which can be as high as 75%. i say if they were moving it for tax reasons they should just own it and get out in front of it. what is wrong with that? so you're moving it to go drill in a spot or keep it in a spot that is going to provide a better tax environment for you. this is company. isn't that what they're supposed to
. you look at this kind of environment where i would say that investment decisions are not so easy to make. we have a really low interest rate environment, and if you look at these companies that are woven into the fabric of our lives, companies that are going to benefit from strength in america or otherwise, and they're paying you a better dividend yield than the so-called risk-free rate of return, you might be ok. > it's almost a bet on the economy i would dare say. matt, good to have you on the show. > > thank you. time for us to sail out of here for today. coming up tomorrow: traders unplugged! find out if our trading pros think amazon stock is the next apple. from all of us at first business, have a terrific thursday!
2.5% or so, these companies have figured out how to make money in a slow growth environment so combined with that, 4%, 5% earnings growth, that's reasonable in the kind of environment that we're in right now. >> no great shakes in terms of earnings growth. >> no. >> but good enough is what you're saying. >> that's right. i think it's good enough. >> what's priced into the market though? i mean, we've got expectations that we'll see much higher prof materialize or what? >> you know, really i think the market, you know, the p.e. ratio, if you look at valuations as far as that metric goes, i mean, the market is not willing to take the pes very high, may inch higher, 14, 14.5 or so, by the end of next year. the market knows we're in a slow growth environment. we're not going to get strong gdp, and it's not willing to assign much of a pe to these earnings. that's going to be a continuation, but next year i think investor confidence is going to improve a little. it's really lagged in this rally, so i think we're just going to be able to inch it up enough to where we have a decent yea
-- the environment is not good for outgoing epa chief lisa jackson. we'll explain. first, uncertain future as well for the next big thing in commercial aviation. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watcng. introducing the 2013 lexus ls. an entirely new pursuit. >> bret: wildfires in australia top international news. it's summer down under and fighting fires there are difficult. 95 are burning in new south wales with 18 out of control. new rights for women in saudi arabia. king granted women 30 seats on the top advisory council for the first time. a big step in a country where women's lives are heavily restricted. women are not allowed to travel, work, marry or even be admitted to a public hospital without pe
need predictable and their regulatory environment. the federal government shouldn't pick the winners and losers, or subject energy projects to endless and duplicative views -- reduce. such roadblocks have stymied vital products, like the keystone pipeline, and that must be built. we shouldn't stop epa's -- we should -- shouldn't have said it that way. it's getting wound up a little bit. we should stop epa's senseless and ideologically driven battle to ban the production and the use of coal. and we should continue with the next generations of nuclear power plants, and we should waste no time in pursuing research that develop alternative sources such as wind, solar, geothermal, and deficiency. that is where we have led the world. by fully embracing america's energy opportunity, we can accelerate growth, create millions of new jobs, free ourselves from less than stable global suppliers and create huge new revenues for government, which will help reduce our budget deficit. we also have an extraordinary opportunity to create growth and jobs through expansion of trade and investment and to
consider this a hostile environment? social security administration reprimanding an employee whose coworker says he continuously passed gas. the agency later rescinded the punishment against the employee. i just don't know where to go with this. but is this a hostile work environment, eamon? >> i don't know. i'm just glad i'm here in the studio by myself, tyler. i'm not with you guys. i have no idea -- >> maybe we're glad we're not with you. >> how small is the cubicle, that the question. when we are in the workplace with other people, we have to deal with other people and all of their weird stuff. some of it is really weird and some of it is offensive and that's part of being a human being. >> i guess a lot of things are part after being a human being. how about you, jane? i'm interesting to hear -- >> i know, i had brothers, husband, i know all about this. my feeling is, that you know, some people obviously can't lep it. but there are product out there. gas begone. go to where the tag line is, don't blame the dog. which, by the way, i have. they have cushions. i did somethi
. in the past four years we probably haven't seen a better global economic environment when it comes to chinese demand. we have a pickup now in housing, in auto sales. maybe it's a different sort of environment for alcoa this time, keith. >> and this is going to be the back and forth of earnings season. earnings are a lagging indicator. they are going to slow but growth is stabilizing globally and that's a big difference versus slowing. so, with alcoa, i agree with guy. better than bad is the point. we got to get to the financials. that's going to be the front end of earnings season which starts on friday with wells fargo. >> karen? >> alcoa is first. aa. coming up first in the book. other than that, i don't see it as a read through to much. >> harder this time around concerning we've got positive data from the automakers already and boeing is clouded with a whole other myriad of problems of its own. this is not necessarily a read through into the strength of the a a e r aerospace industry. back on december 18th, moody's put alcoa on a negative review with a positive downgrade to junk status. w
mentioned, the things america needs to do to stay competitive in this challenging economic environment, domestically and globally? >> absolutely. first, you've got to get through the fiscal issues. balance in the deficit and budgets, number one. and then we need to get to tax reform. it is a big deal. there has not been a major renovation to the tax code since 1986, and that is before the internet. immigration is a big deal. getting the kids in school today studying the sciences and technology and engineering and the math to stay in this country and getting a path to his citizenship and dealing with the competencies' to grow jobs. if you can deal with those issues, we would be off to a great start. >> you have many of your clients in the manufacturing business. looking at the broader economic shift, what do you do in a post- manufacturing world to provide the numbers of jobs that america needs? because it does not appear clear yet. >> we have roughly 12 million jobs through the great recession lost. we have filled about half of those. it will still take some more between five-seven yea
competitive environment from which to go out and compete around the world and win. host: one thing we heard leading up to discussions late last year is that some type of certainty was needed from decisions made. did the people you represent find the guest: certainty there is some of it. much is to be done because long- term overhang is still serious. nobody believes that our current spending course is sustainable. we have made promises that cannot be paid for. maybe not tomorrow or five years from now, but down the road changes need to be made. you're seeing this at the state level where governors and in both parties and legislative bodies are coming together. watch illinois right now, they are struggling with their pension debt, but at the national level we have not had the success yet that some of the states of had. host: looking at spending federally, what has to be guest::the first quarter this year is one that debate will take place. you have the debt ceiling, a continuing resolution. at the end of march, the year is half over. did you have sequestration mandated. those are all intertw
of your soap to make the environment cleaner. >> first, she became a side line star during the championship game. the girlfriend of alabama quarterback finds herself in the smot light after comments made about her looks. >> from our camera, we can see mainly bright skies over the bay area. and our weather will be turning colder, i'll have the accu-weather forecast coming up. >> another check of traffic this is 101 in san rafael moving nicely in both directi hey america, even though she doesn't need them, the depend silhouette briefs for charity to prove how great the fit is even under a fantastic dress. the best protection now looks, fits and feels just like underwear. we invite you to get a free sample and try one on too. >>> bcs championship game turned into a one sided route. >> more competitive was the twitter web concerning catherine webb. >> twitter blew up in the stands. first comments centers around espn announcer's fawning over webb also miss alabama then got personal. >> yes. nfl star invited her out for wing asks a visit to the strip club because that is what eve
, these are women who have either come out of this environment, out of an urban center in particular. we have our own struggles in the rural parts of america. we need to bring these things to the discussion. that is what we need to do. i do not think we will find solutions to the questions that the caller had until we get those people living with the struggles of the table. that means more women, more african-americans, more hispanics, more men and women of color. i feel strongly that we need more women in this discussion. we're still sitting at 20% of congress. we have a long way to go. host: caller in richmond, democrats line. caller: i was wondering how we will ever get equal pay when states like virginia have the right to work law and they can fire you for any reason. and the company i work for, if you discuss what you make to another employee, you can get fired. guest: it is about laws. laws are made by elected officials. who is representing us at the state legislature and in congress matters. we can overturn right to work laws. and we can pass it will pay laws. we need the right people to s
world environment. and the lingering allegations of corruption, nepotism, hangs over his head. >> his brother and father were assassinated, so in some ways he's also trying to stay alive in that country. and facing that possibility, as well. it's been a contentious relationship with karzai over the years. he's had better relationships with some of the generals there like general stanley mcchrystal than he has with others. and i talked with pentagon officials yesterday who were saying they weren't sure how these meetings were going to go because you just never know when you're dealing with president karzai what you're going to get. and in fact i even e-mailed a couple days ago the folks i met in afghanistan during previous trips and they were somewhat concerned, as well, saying they weren't exactly sure what karzai was going to say while he was here with president obama because a lot of people in afghanistan especially some of the leaders there still very much want u.s. troops because they're fully aware that the afghan forces are not going to be ready by the end of next year. >> absol
afghanistan will have the right environment for conducting elections without interference and without undue concern. we also discussed in a bit of detail and in the environment that we have all aspects of the bilateral security agreement between afghanistan and the united states, and i informed the president that the afghan people already have given their approval to this relationship and value it as one that is good for afghanistan. in that context, the bilateral security agreement is one that the afghan people approve, and i am sure we will conduct it in detail where both the interests of the united states and the interests of afghanistan will be kept in mind. we had a number of other issues also to talk about during our conversations, and perhaps many times in that conversation, beginning with the composition of, of course.-- the conversation, of course. i thanked the president for the help that the united states has given to the afghan people for all that we have gained in the past 10 years and that those gains will be kept by any standard while we're working for peace and stability in
a short break. if you feel like you work in a toxic environment but don't know what to do about it -- how is that for a segue? ken linder written a new book called "your killer emotions." best way to navigate your way is to keep emotions in check. we'll talk to him, up next. geico's emergency roadside assistance is there 24/7. oh dear, i got a flat tire. hmmm. uh... yeah, can you find a take where it's a bit more dramatic on that last line, yeah? yeah i got it right here. someone help me!!! i have a flat tire!!! well it's good... good for me. what do you think? geico. fifteen minutes could save you fifteen percent or more on car insurance. >>> everybody has a moment where you get upset and you do something you regret. our next guest says he knows how to control those urges and lead to a successful personally at work. he has a new book "your killer emotions: seven steps to mastering the toxic impulses that sabotage you." good morning. >> good morning, soledad. >> i'm guessing you work with hostile people on both sides of the negotiation and there are lots of people who think anger and emot
it's had a tremendous year in production, but the political and security environment there remains very challenging. dagen: any other countries, saudi arabia, even the united states with its increasing production here that can make up any loss that we might see in iraq, like is there any cushion anywhere else in the world? >> well, you know, when you look at, you know, where we can see potentially within opec, the saudis are the ones who have their capacity. it becomes an interesting what the saudis will do in terms if we did see losses coming out of iraq. right now we've seen iraqi exports down 10% in december but have not seen a major attack on a facility. for now i think everyone is in sort of wait and see mode. another country you want to watch though is libya. libyan production has been another country that has allowed us to absorb the loss of iranian exports. you do want to watch, do we see any potential problems in libya? that's a country where the security situation does not remain very stable. dagen: thank you. >> thank you for having me. happy new year. connell: let's mov
. they're expensive. we're in a very cost sensitive environment still. people are losing their jobs. not just this year, all around the globe. they're saying i will not pony up, 1500 bucks, 800 bucks get it with bells and whistles you're talking about $1,000. they're not willing to do it. they haven't seen the offerings to --. lori: you could use your tablet or smartphone. >> exactly. that costs a lot less. you can buy a cheap google tablet for 199 bucks. lori: stick around we want to get your reaction to our next story here. >> great. melissa: that big company in the world, has its sights set on china. apple's tim cook says he expects to take over china as the second biggest market. company says sales in china more than doubled in 2010 and dwef ven. apple's biggest challenge in china is the smartphone market which is currently dominated by google's android system. when do you think china overtakes the u.s.? do you that is near term? does he think, next five years or is that like a 20 years? >> i don't think so. three to five years it will happen. there are still so many people who
market sounds like a bull compared to that sort of an environment. >> let's talk about what harry just said though because he talked about the large umbrella-type situations that are really going to impact. demographics. >> yeah. >> the fact that the retail investor is gone. we're not going to have the same level of interest in stocks over the long term. he's expecting a big crash second half of the year. >> yeah. he's absolutely right. we've had bun buyer since 666 on the s&p in '09, the corporation itself. nobody else is in this buyer. can you imagine if somebody else does show up for a day or two? we could have a much better market. >> what's going to take us to those all-time highs, what area of the market do you want to be in to ride that wave? >> the multi-nationals. lagged the last couple of years. emerging market economies starting to do a bit better, and those companies that are geared in that direction. look, some of the u.s. companies will do fine, too. earnings are a question mark. that's -- that's part of the problem, but i think as financial and systemic risk mitigate som
, machine, and environment." in other words looking at every possible reason for the collision. there were no injuries and this is no damage to the bridge. 20 crew members of the "overseas raymar" still on the ship in san francisco bay. it has a dented hull and the question is whether will it be fixed and how long will it take? we are interested if that and the crew member is probably more interested than we are. >> abc7 news was the first to report the ship collision on twitter and you can keep up with if you developments by following us at abc7 bay area and at with a slight show with pictures of the damaged ship and bridge support. >> we have new video showing google executive schmidt and former new mexico governor bill richardson on the trip to north korea. this is them earlier today in pyongyang. richardson outlined the real reason behind the visit saying the delegation is asking not korea to put a moratorium on rocket launches and expand the internet in the country. >> closer to home, baseball ham of fame voting will be announced this morning, barry borns is eligible but
much money. the deposit growth here is unbelievable. but in this environment, people want net interest margin. they want the bank to make more money or more mortgages. >> some banks out there, just declined only six basis points. that's how optimistic some on wall street will be going into this quarter. the sequential decline, it's 3.56 for the fourth quarter from 3.66 in the third. as you mentioned, ten-base point decline. so that picture has been dimming a bit. total lending has increased. >> not enough to offset the incredible increase in the deposits. what did they take in over -- >> $30 billion in the quarter. >> 12% annualized. even with that rescinding of the insurance beyond 250,000, still deposit flows. yet you can't put it into productive loans or you don't want to because you worry about credit quality and we end up with contracting energy -- >> look, we're at a moment where i don't think anybody who's got a mortgage, they know they're getting a good price. the ohio regionals are going to do better. that welgs is now a sale. look, wells could go to 33. if it had been to 32,
and it makes me nervous selling a put that is only $5 lower in an environment where, you know, we talked about how low vol is and potential for the increase going forward. >> and that is an excellent point and i took a look at that, because my expectation had been that the options are on the outright basis would be priced, but implied volatility and this thing has popped on that headline, and it has steeped even as the volatility has risen and that will help the math work for you. >> and that is right, the math is working for you, but if you get the stock put to you, you have to remember why you put it on and it is because you want ted to buy the stock at a discount and if you get the stock put to you, it is a good company and you will own it at a price that is lower than now. >> and the problem with dreamliners might have been less if they used this, one thing about mike's option trade he could be forced to buy boeing with $07 a share, but with the 30 cents he collected, he would not have a loss until the stock hits $69.70. we will see carter braxton later in the show. you can go to the websi
environment. if the yield curve starts to stephen as we've seen in the -- to stephen as we've seen in the first weeks of 2013, that will eliminate net interest margin pressure. profitability should improve for the group. >> how much do you care about what's going on in washington over the next two months? >> i think that's important because the austerity measures being talked about in washington will slow general economic growth in the country. and as you know, that's a real driver for bank loan growth. and so if those austerity measures are too much and puts us into possibly a recession or just slower growth, that will affect the outlook for the banks. i think you're going to see that the housing market's going to continue to grow. and that's going to be a real driver to the success of the banks this year. >> okay. now in your note to clients, you say that your four best ideas -- i'll list them. walk us through why you like them. you like discover financial services, fifth third bancorp, pnc financial, and wells fargo. >> yes, when you hook at starting with the last one, wells far
contracts, for fostering a lot of the corruption in the country. so this is the environment in which president obama and president karzai will be meeting, trying to hammer out some agreement. on the other hand, president karzai would probably be well served by a larger u.s. presence in afghanistan because the more u.s. troops you have there, the more afghan soldiers they're going to train, the better equipped the afghan force is going to be. so again, this is going to be a really tough set of negotiations to see where that number falls. i can tell you, just in the last day or a couple days, i'm hearing more and more that that 6,000 figure is way more likely than that 10,000 figure. >> i suppose either way, numbers of troops is one thing, amounts of money is another. afghan military we've helped bill up cost way more than the afghan government is able to afford, it's billions of dollars still have to go in. >> reporter: yeah. they're owing to have downsize the military. they were building up the afghan military to sort of push back the taliban. but it was always clear that at some poi
, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-411-7040 or visit for a risk-free 30 day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. >>. >> neil: wall street is on chopping block, morgan stanley ready to slash its work force. >> well it's general trend on wall street. factoring in the fiscal cliff, deal they cut was crummy. higher taxes, trick on investors. wall street is continue to slow. it's reported two weeks ago. citigroup was first to announce big cuts and we reported at the time that morgan stanley was considering it. fox news business network beat all the competition including our friends across the river whose name begins with a "c" by about an hour. >> neil: i so admire that. [ laughter ] >> what is interesting you went downhill within minutes? >> i did. >> you went from a war hero to a pawn. [ laughter ] >> neil: let me get your sense of whether this coul
at the environment today and our politicians don't seem to be serious about spending, they seem to think that the public is more concerned with screwing the rich than hitting up programs. are they right? >> people felt that way but myself is that obama, the carry interest rate that allows hedge fund people taxed at capital gains rate, obama defended that. that is one of the big things. that is warren buffett and rich friends. this is disingenuous but the country should be rising up. >> neil: they are not rising up. >> i think this is because it's going to explode. somebody is going to say, my grandchildren and children, this is moral issue being kicked down the road. these people will not deal with it and the republican handling of this was let me just put it this way, just about as stupid as i have ever seen in my lifetime. only matched by what they did the year before. >> neil: well put. happy new year. >> did any of you the streamliner. another nightmare. all safe. but why are so many plain scared? ♪ [ male announcer ] the distances aren't getting shorter. ♪ the trucks are going f
can do is create an earn virn. where -- environment where good and responsible parents can become children become good and responsible adults. >> bill: the bill may open the bill to more drunking driving cases. this doesn't make drinking and driving. some have exceptions to the 21 and over law in states. such as allowing kids to drink at home. we are hearing president obama is about to make pick tim geithner. bumpy ride on capitol hill. the details on that lye from the white house. plus, how the fight over the fiscal cliff could delay your tax refunds. look out now. ÷÷ what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. >> shepard: the bride and groom's big day got off to bumpy start when hot air balloon crashed moments after they said i dos. here it is. >> positions, everybody. brace. h
talk about just the overall economic environment. they say there were a lot of challenges that the industry faced during the last year, including continued low interest rates and elevated unemployment. though, they're not necessarily saying great things about what they see in the economy or at least what they had seen over the last year. only comes in one take at a time. >> where, let me see? >> keep going. >> mine does. >> mine over here. >> i got to go pop out into the next thing during the next thing. >> no. wells forgo at this point 34.99 bid. so no longer actually trading higher on this. i don't know what the metric that came out, but two cents ahead on better than expected write now. >> all right. >> okay. >> talk to an analyst. >> we're going to talk to an analyst and get him on the phone. let's get a quick check on the markets. the dow falling -- would open about 12 points lower. nasdaq off by two points. s&p 500 virtually unchanged. overseas in asia, as we do a quick fly around you can see we do have a little bit of bad news. shanghai composite off close to 2% on
with a total of 600 students. >> it's just not a safe environment. you can see how tight it is already. we would be sharing a yard. it's far too small. >> reporter: this father says he's concerned about his daughter with more students around. >> i'm very concerned. with bullying and just make sure she's safe. >> reporter: tonight students tried to make their case to the school board. >> we have barely any room right now and our hall ways are very squished and it's not comfortable. >> reporter: there are already eight schools sharing sites says leigh. >> we would hope working together with the district's help we could make arrangements so they are compatible. >> reporter: one teacher says that she is experienced with the problems with two schools sharing one sight. >> i personally had to break lots and lots of fights. >> reporter: they will determine whether to offer the site to gate way school. amber lee, ktvu news. >>> a teenager from san francisco pleaded not guilty to murder charges this morning stemming from a deadly car crash on new year's day. 19-year-old david morales is accused of
but it will be a night game. loud. grit environment. shawb good show for the fans. >>reporter: nfl put out the 15 timeist for the pro football hall of fame today. first time nominee former raider warren sap and former frooner larry allen. sap played final 4 seasons with the raiders 7 time all pro 96 and a half career sack. allen one of the strongest ever to play in the national football league most of the career with dallas finished up with the niners. former raider brown and former niner
environment. you can see how tight it is already. we would be sharing a yard. it's far too small. >> reporter: this father says he's concerned about his daughter with more students around. >> i'm very concerned. with bullying and just make sure she's safe. >> reporter: tonight students tried to make their case to the school board. >> we have barely any room right now and our hall ways are very squished and it's not comfortable. >> reporter: there are already eight schools sharing sites says leigh. >> we would hope working together with the district's help we could make arrangements so they are compatible. >> reporter: one teacher says that she is experienced with the problems with two schools sharing one sight. >> i personally had to break lots and lots of fights. >> reporter: they will determine whether to offer the site to gate way school. amber lee, ktvu news. >>> a teenager from san francisco pleaded not guilty to murder charges this morning stemming from a deadly car crash on new year's day. 19-year-old david morales is accused of shooting at three people then leading police on a car cha
very low. by historical standards. though they are starting to tick up. the default environment is still relatively benign. one of the things that i think gets lost on investors is since 2008 we have refinanced the entire high yield market. there is two ben fritz that from. one is you clearly have a lower interest rate because of lower rates but the second thing we've done is push out maturity. even if there is weakness, which we would not rule out, most companies are pretty well positioned to survive that and they don't have near term mature its. which is always a concern from a high yield investors because, you know, banks can be fickle. we know that. so from a credit standpoint, things are very strong. >> how much go you take into kri consideration, the macro economy, how much does it play when you're putting together a portfolio. >> macro sets the guard rail of the idea. you will deemphasize home builders or building products. right now for example, we are concerned about europe. from the standpoint of credit, we look at european exposure and incorporate that. you can see we
of opportunity in the community banks at this moment. a very tough operating environment with net interest margin low side and saw the other mortgaged-related issues and regulatory scrutiny that as been promulgated. but with the mn t, particular attention to it. it could be another dollar of earnings potential factored into those shares of the course of 2013. pay particular attention. liz: thank you so much. he lives and breathes the stuff. the closing bell ringing in seven tents. we crossed the flat line. all green on the screen. is this the end of the pc era? to the first time in five years, they sales fell and two names attacking the heat. with stocks after the break. ♪ what are you doing? nothing. are you stling our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second sta
the crop insurance program. jenna: last question. we talk about the environment we talk about the fiscal environment, and that is very much reality for you as the secretary of agriculture. where do you see the opportunity to cut, when you look at your own budget in the fiscal environment in the year ahead where are you looking potentially for the savings of american people. >> we reduced our budget by 12 1/2%. our workforce is down by 6,000 folks. we're restructuring, closing offices and being more efficient but there is also the opportunity within the farm programs. that is one of the missed opportunities not getting the farm bill passed because there were reforms in what the senate passed and what the house ag committee passed would have provide somewhere between 23 and $34 billion worth of savings. hopefully we rest sure rec reforms as we continue the debate this year. jenna: nice to have you on the program. really appreciate your time today. >> thank you. jon: now this fox news alert. testimony just wrapped up in a colorado courtroom revealing some chilling new details about the movi
well in the current environment. you can't survive in this industry unless you continue to cut costs. we've got a great track record, frankly, over the last five years of delivering, you know, circa 100 million pounds of cost savings year on year. we intend to do that going forward. >> and joining us with more, founder and managing director at neeve capital. thanks for joining us. how tough is if for the gross? tough for morrison's. we get tesco tomorrow. >> i think it is tough and goes beyond the economy. i think what's happened is to some extent people are prioritizing spending on other things over food. you've seen so much food inflation the last two, three years that people almost prefer to spend it on treat like apple, for example, or clothing. what that actually has meant is people are discovering or rediscovering that it's cool enough to shop, and people have discovered you can get good quality stuff at really much cheaper prices. and i think in other terms, what people are doing is they're shopping on convenience. they want to go? where closer to them. they don't actually lik
, that is it, and not only that, that shell gas production is cleaning the environment because we use more natural gas, using less coal, that means less greenhouse e mageses, and they are musing less emissions than they have in many years. great news today. >> wow, thank you so much. great report. >> thank you. >> okay, switching gears here to talk about the housing market. six years after the bubble burst, the consumer protection bureau set to outline a new set of home loan rules, but will the guidelines make the mortgage process transparent or add to confusion? asking someone who has a wealth of experience in the mortgage industry, bill emerson. great to have you with us. >> great to be here, lori. lori: what a year quicken had. $70 billion in loans closed versus the prior here and record of $30 billion. that is tremendous growth. why were conditions and even confidence among home buyers so improved in that time? >> well, i think there's a variety of reasons for that. number one, rates were low. that's helpful. number two, market participants shifted focus on what they wanted to do for m
? thank you. >> the interment of the -- environment of the narcotrafficker forces in uncertainty. when they raise an orchard or vineyard and turns it into a poppy field -- when he is not sure what is learned happened to him or his family, they turn to narcotics. it takes three months to grow it. it does not need refrigeration or economic integration, nothing. if we see an increased degree of uncertainty, we would probably see more poppy cultivation. it would be listed economic activities. -- illicit economic activities. the leaderships and international community. in the areas where the economy is thriving, we have seen a reduction of narcotics and cultivation of the poppy. in areas where we see most of the fighting, that is where most of the poppies are grown. >> let me close with a final question. jim used a number of statistics. one that struck me is i have the right to a 52% of the afghan population thought the country is going on in the right direction. my question to each of you, what is your view? is the country going in the right direction and are you optimistic or pessimistic
't be on guns but the environment giving rise to this violence. >> instead of having, as the nra proposes, a policeman in every school, our policy should be focused on getting a dad in every home. >> reporter: vice president biden said friday he is glad evangelical groups have participated in his gun policy task force meetings because in the past, they have been "reluctant to engage in the gun issue." athena jones, cnn, washington. >> you can see more about this story on our belief log at >>> a maintenance shed in new york city's central park turned up a shocking discovery, a loaded cannon from an old british warship dating you to the revolutionary war. it's been sitting around for centuries. workers were cleaning the rust when they found the cannon still had gunpowder and a cannon ball. a spark or a flame could have set it off. >> this is an amazing surprise. it was there for so many years and people were sitting on it when it was a loaded cannon. >> technicians removed about two pounds of black powder and they have div posed of it at a gun range. what an amazing story. >
will be endorsing individual groups too early that enhances this environment of uncertainty in afghanistan where we do need actually a clear movement. we don't have political party notice afghanistan so therefore it's important to know who are some of the front-runners but president karzai may not like to see an individual emerging because it will make him less relevant. >> of course washington's relations with president karzai have been bumpy many times along the way. >> yes. >> so is there a clear sense, a belief that he will step down in some sense of what comes next. >> i think i would agree again with the ambassador that even though he mentioned this, the jury is still out as to what will happen. afghanistan is an unpredictable place as i found out and many would agree. however it would really help democratic institution building in afghanistan and the democratic process if he did follow through with this commitment et cetera's just made in front of the president of the united states an american public here in the united states. he said it before in afghanistan and actually left office and let
and suburban environments particularly. because what we're looking at in montana is not quite the same as what we may be looking at in chicago or places around the nation. >> cynthia -- >> what do people need them for in montana? what do people need them for in montana? i grew up in alabama, in deepest, reddest alabama. my father loved hunting. i grew up with shotguns and rifles in the house. he never -- it was a rural area. he never felt the need to have an assault weapon. the deer weren't armed. so why do you need an assault weapon? i don't understand -- [ overlapping speakers ] >> i did not say assault weapon. >> why do you need one? >> i did not say an assault weapon. what i'm saying is when you're putting a solution in place we're still going to have to be mindful or the compliancy in chicago and new york city versus people in the big west. people such as residents in montana or the dakotas. we're going to have to be mindful. i'm not saying i'm defending people having assault weapons. those are weapons of war and they too often get in the hands of people that hurt folks throughout america
normal, if you will, in a lot of these companies given the fact that the regulatory environment is getting worse and globalization is not necessarily on their side where it was so many years ago? is this going to be the new normal? well, i don't think so. here's the question. will the politicians get it right? will we go over the cliff, another debt ceiling and if we don't we could have a very robust capital markets this year, an that's what encourages me for the big money centers. for the smaller guys starved for loan growth and margin pressures they will be buyers. the really small guys will be the sellers and you'll see a lot of m & a opportunity out here. >> jason this morning you raised estimates on three banks. you lowered estimates on nine banks. tell me what was behind that. you're expecting the quarter to be what, more negative than positive for the sector overall? how do you see it? >> fine tuning here and there with overall estimate. i think generally for the earnings for the quarter. we think about half our banks will beat expectations. half miss. if you think during
are actually behind the counter in dispensaries, and so it's a very safe, secure, highly regulated environment that we operate in. >> okay. so 18 states have now passed medical marijuana laws. 18 states, so you -- you operate -- you operate already in california. you operate in canada. you've got dispensers coming to market in arizona in a matter of weeks. >> correct. >> what when are you likely to break into the remaining states? what's the plan for growth? >> that's a very good question because we are not just about medical marijuana. our technology crosses many boundaries in the traditional pharmacy retailing business, whether it's retail pharmacies, institutional pharmacy plays, doctor offices, hospice, long-term care, so our solution really is very broad scope and has a tremendous value proposition in traditional pharmacy and in traditional health care. in terms of medical marijuana we are on a state-by-state awareness, put if in aware ney. every state sen acting its own laws and regulations so we're currently enacting the rules in recently passed state like connecticut and massachusetts.
we like wells fargo a lot. they get hurt in a low rate environment, they'll be helped a tremendous amount when short rates move up, and investors have not yet been willing to believe that the mortgage profits are sustainable. even though wells has got 30% market share of the mortgage market, which over time should be a positive. it's just they're not willing to give them full credit for it yet. >> moshe, thanks for your time. >> thanks very much. >> i did want to discuss some breaking news on morgan stanley. the company, a number of news outlets reporting job cuts coming there. we can confirm and clarify some of those reports. morgan stanley sources close to the company indicating they will cut about 6% of its overall institutional securities, and infrastructure staff. those cuts will total 1,600 jobs, half would be international, half will be domestic. again, 6% of securities and infrastructure. now, putting that in perspective, the company has 57,000 total employees. some have reported 6% overall, that is not correct. again, if you do the math, it would be 1,600 total. they've be
. that's the bleed air. and that bleed air usually does everything from controlling the environment within the cabin, the heating and the cooling, onboard electronics. what makes the dreamliner so different, so unique, is the amount of innovation that's gone in to using these lithium ion batteries in order to run the electronics on the plane. well, part of the problem here is, you're taking an amount of electricity that is coming off of these generators, in a very confined and small space, andrew, i mean this would be different if you were in the middle of a power plant. you'd say no problem. companies do this all the time. now you're trying to do this inside of an airplane. we should point out, this has gone through certification at the faa, repeated testing. it's not like they're just throwing these planes up there and there hasn't been any kind of safety checks. they went through extensive tests. if the issue now is was there, and this is something i think we're going to hear about in the next couple of days, is there a specific, perhaps malfunction with some of the electronics a
Search Results 0 to 49 of about 78 (some duplicates have been removed)